traderparag

Attractive Risk:Reward opportuity in AUDUSD on short side

Short
traderparag Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD has touched an important sloping trend-line on the upside and hence presented a good opportunity to short..

SL should be above previous high.
Comment:
Hi Guys - AUDUSD trade is still continuing and going well!

SL can now be moved to entry - around levels of .77100.

No hard in taking partial profits very soon & leaving the rest of the trades open for a larger move..
Trade active:
AUDUSD moving towards 200 EMA on 4 Hr charts:

Trade closed: target reached:
I have exited most positions and 1 remaining on trailing Stop loss..

It was a good move down.. hope you all could profit too in this fall...

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